Union Insurance Balance Sheet Health
Financial Health criteria checks 6/6
Union Insurance has a total shareholder equity of BDT895.5M and total debt of BDT0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are BDT1.6B and BDT659.3M respectively. Union Insurance's EBIT is BDT195.9M making its interest coverage ratio 469.2. It has cash and short-term investments of BDT129.8M.
Key information
0%
Debt to equity ratio
৳0
Debt
| Interest coverage ratio | 469.2x |
| Cash | ৳129.80m |
| Equity | ৳895.50m |
| Total liabilities | ৳659.25m |
| Total assets | ৳1.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIONINS's short term assets (BDT1.3B) exceed its short term liabilities (BDT659.3M).
Long Term Liabilities: UNIONINS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UNIONINS is debt free.
Reducing Debt: UNIONINS has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
Debt Coverage: UNIONINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIONINS has no debt, therefore coverage of interest payments is not a concern.